The U.S. Census Bureau of the Department of Commerce
announced today that construction spending during June 2016 was estimated at a
seasonally adjusted annual rate of $1,133.5 billion, 0.6 percent (±1.3%)* below
the revised May estimate of $1,140.9 billion. The June figure is 0.3 percent
(±1.6%)* above the June 2015 estimate of $1,130.5 billion.
During the first 6 months of this year, construction
spending amounted to $539.8 billion, 6.2 percent (±1.3%) above the $508.1
billion for the same period in 2015.
